Killam Apartment REIT (KMP.UN) Price Target Raised to C$18.00

Killam Apartment REIT (TSE:KMP.UN) had its price target hoisted by National Bank Financial from C$17.00 to C$18.00 in a report released on Thursday.

Other research analysts also recently issued reports about the stock. Canaccord Genuity raised their price objective on shares of Killam Apartment REIT from C$15.85 to C$16.50 in a report on Monday, October 29th. BMO Capital Markets raised their price objective on shares of Killam Apartment REIT from C$16.50 to C$17.00 in a report on Friday, August 17th. Industrial Alliance Securities raised their price objective on shares of Killam Apartment REIT from C$16.25 to C$17.00 in a report on Tuesday, August 14th. Desjardins raised their price objective on shares of Killam Apartment REIT from C$16.00 to C$16.50 in a report on Friday, August 10th. Finally, TD Securities raised their price objective on shares of Killam Apartment REIT from C$16.50 to C$17.50 and gave the stock a buy rating in a report on Friday, August 10th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of Buy and an average price target of C$16.68.

KMP.UN opened at C$16.05 on Thursday. Killam Apartment REIT has a 12 month low of C$12.04 and a 12 month high of C$14.76.

The company also recently announced a monthly dividend, which was paid on Monday, October 15th. Shareholders of record on Monday, October 15th were paid a $0.0533 dividend. This represents a $0.64 annualized dividend and a yield of 3.99%. The ex-dividend date was Thursday, September 27th.

About Killam Apartment REIT

Killam Apartment Real Estate Investment Trust (REIT) is a Canada-based real estate investment trust. The Trust is engaged in owning, operating, managing and developing multi-family residential and manufactured home community (MHC) properties. Its segments include Apartment, MHC and Other. The Apartment segment acquires, operates, manages and develops multi-family residential properties across Canada and it includes building improvements; suite renovations; appliances; boilers and heating equipment; other; equipment; parking lots, and land improvements.

Read More: S&P 500 Index

Analyst Recommendations for Killam Apartment REIT (TSE:KMP.UN)

Receive News & Ratings for Killam Apartment REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Killam Apartment REIT and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply